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Vistry Group Executes Share Buyback Program

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Vistry Group Executes Share Buyback Program

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An update from Vistry Group ( (GB:VTY) ) is now available.

Vistry Group PLC has executed a share buyback program, purchasing 52,000 of its ordinary shares at prices ranging from 566.20 GBp to 578.20 GBp. This move will result in the cancellation of the purchased shares, reducing the total number of ordinary shares in issue and adjusting the total voting rights, which may impact shareholder calculations under the FCA’s rules.

The most recent analyst rating on (GB:VTY) stock is a Hold with a £1434.00 price target. To see the full list of analyst forecasts on Vistry Group stock, see the GB:VTY Stock Forecast page.

Spark’s Take on GB:VTY Stock

According to Spark, TipRanks’ AI Analyst, GB:VTY is a Neutral.

Vistry Group’s stock score reflects strong corporate actions with share buybacks that enhance shareholder value, but is tempered by technical analysis indicating bearish trends and an overvaluation concern. Financial performance shows positive revenue growth but highlights the need for better margin management and leverage control.

To see Spark’s full report on GB:VTY stock, click here.

More about Vistry Group

Vistry Group PLC operates in the construction and housebuilding industry, focusing on the development and sale of residential properties. The company is known for its commitment to delivering quality homes and has a significant presence in the UK housing market.

Average Trading Volume: 1,062,378

Technical Sentiment Signal: Sell

Current Market Cap: £1.86B

For an in-depth examination of VTY stock, go to TipRanks’ Overview page.

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